F&O Ban List: A total of two stocks were subjected to the trading ban on Thursday November 30, 2023 under the futures and options (F&O) segment of the National Stock Exchange (NSE). The securities were banned under the F&O segment as it crossed 95 percent of the market-wide position limit (MWPL), according to the NSE. However, the shares will be available for trading in the cash market.
Hindustan Copper and Manappuram Finance are the two stocks that are part of the stock exchange’s F&O ban list for November 30.
The NSE updates the list of securities in F&O ban for trading daily.
The derivative contracts in the said securities crossed 95 percent of the market-wide position limit and were currently placed in the stock exchange’s blackout period, NSE said.
“It is hereby informed that all clients/members will trade the derivative contracts of concerned security only to reduce their positions by offsetting positions. Any increase in open positions will attract appropriate punitive and disciplinary action,” NSE said.
No fresh positions are allowed for any of the F&O contracts in the particular stock when placed under the F&O ban period by the stock exchanges.
Benchmark Sensex rallied 727 points and Nifty closed above the 20,000 mark on Wednesday driven by buying by heavyweight HDFC Bank, Axis Bank ICICI and TCS on expectations of more foreign funds.
The 30-share BSE Sensex jumped 727.71 points, or 1.10%, to settle at 66,901.91 with 26 of its constituents ending in the green and four in the red. The index started the day on a positive note and then zoomed 772.08 points, or 1.16%, to a maximum of 66,946.28.
The broader Nifty climbed 206.90 points, or 1.04%, to reclaim the 20,000 mark after a gap of more than two months. It ended at 20,096.60.
In the broader market, BSE’s mid-cap gauge jumped 0.78% and the small-cap index climbed 0.40%.
Among the indices, bankex jumped 1.67%, automobile rallied 1.57%, IT (1.33%), financial services (1.28%), teck (1.20%), oil and gas (0.99%) and capital goods (0.89%).
Consumer durables and real estate were the laggards.
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Updated: 30 Nov 2023, 09:17 IST